First Time Homebuyers
From staff reports Single female buyers made up 18 percent of all homebuyers, National Association of Realtors®’ 2018 Profile of Home Buyers and Sellers revealed recently. That statistic means that for the second consecutive year, single female buyers were the second most common household buyer group, behind married couples, which account for 63 percent of…
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Homeownership is the most consistent way to build up the nest egg you’ll need in retirement. People who downsize their homes are cashing out equity built up over a lifetime (and telling the kids they’re on their own). Sure, there are many reports that claim folks who rent in some areas make out better. But…
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Credit scores are these mythical rankings that, depending on where your credit score lands, can make or break your ability to get a home loan. Right? Well, yes and no, as our most-trusted mortgage adviser explains in the latest episode of BobMortgage Zone. Are you putting off purchasing a home until your credit score improves?…
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“Eli’s coming..Eli’s coming…Well you better hide your heart, your loving heart…Eli’s a-coming and the cards say… a broken heart.“ Yes, I am going to compare the Dallas-Fort Worth housing market to “Eli’s Coming” by Three Dog Night, a song about a womanizer on his way to breaking hearts. “Eli’s coming” also means that something evil or…
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On Friday afternoon, just hours after swearing in, President Donald Trump suspended a Federal Housing Authority (FHA) mortgage premium rate cut issued by former President Barack Obama earlier in the month. The quarter-point cut would have taken effect on January 27. An FHA loan, with its low down payment and less stringent credit score requirements,…
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